That is quite a bold claim. Do you have any hard evidence for devs keeping the price down?
How would devs keep the price down to begin with?
Firstly it's not a claim but a theory.
If you want to keep the price low, you can do it like whales. Putting very high selling wales at 0.0011 and buy back around 0.0010. If the volume is not to big you can easily keep the price between 10 and 11.